QBM120 Business Data Analysis (8)

This subject has been designed to equip students with quantitative and statistical skills that are needed in other subjects in their courses; business environments; and life more broadly. Beginning with an overview of practical mathematical skills relevant to a business setting, the subject will delve into organising and presenting data, both in numerical and graphical formats. Microsoft Excel is embedded in the subject so that students develop their skills in a way that can be directly used in businesses.

Availability

Session 1 (30)
On Campus
Albury-Wodonga Campus
Bathurst Campus
Wagga Wagga Campus
Online
Wagga Wagga Campus
Session 3 (90)
Online
Wagga Wagga Campus

Continuing students should consult the SAL for current offering details: QBM120. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Computing and Mathematics

Assumed Knowledge

Some understanding of mathematical concepts would be an advantage

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to use various fundamental concepts of mathematics, specifically relevant to business fields;
  • be able to work with formulas and equations to solve problems encountered in business and everyday finance;
  • be able to choose, generate and interpret graphs commonly encountered in business;
  • be able to apply a range of techniques to collect, organize, summarise, analyse and present data both graphically and numerically;
  • be able to utilise the outcomes of business data analysis for the purpose of making decisions, which improve business operations.

Syllabus

This subject will cover the following topics:
  • Basic mathematics.
  • Linear equations.
  • Working with formulas.
  • Financial mathematics.
  • Construction and interpretation of graphs.
  • Introduction to probability and basic statistics.
  • Sampling methods.
  • Simple linear regression and correlation.
  • Decision trees.
  • Excel tools for business.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of QBM120 in Session 3 2019. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Title
Value %
1
Quiz 1 - basic mathematics
5
2
Assignment 1-basicmath/algebra/functions/fin. math
15
3
Assignment 2 -descriptive statistics & probability
15
4
Quiz 2 - regression/correlation/business decisions
10
5
Final exam
55

The information contained in the CSU Handbook was accurate at the date of publication: July 2020. The University reserves the right to vary the information at any time without notice.

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